The worst is behind us: Tom Albanese, CEO, VedantaThe company is actively is managing its balance sheet in light of the current commodity prices environment with the focus on maximising fre...
01 Aug, 2016, 03.28 PM IST
Vedanta consolidated net slips 30.4% to Rs 615 crore in first quarterVedanta EBIDTA was Rs 3,543 crore, with a margin of 32 per cent, mainly due to cost savings and a ramp up in aluminium and iron ore volumes.
30 Jul, 2016, 04.31 AM IST
Worst likely to be over for commodities, says Vedanta CEOAbout aluminium, he said "there is lot excess Chinese capacity" and hence risk of price drop.
29 Jun, 2016, 08.58 PM IST
Metals prices have bottomed out: Vedanta CEO Tom AlbaneseTom Albanese, CEO of Vedanta Ltd, believes the metals sector has finally bottomed out and could be retracing its steps to mirror the buoyan...
29 Apr, 2016, 03.55 AM IST
Commodity prices likely to remain weak in 2016: Tom Albanese, Vedanta"Our motto is that we may not like low prices, but we'll survive through them. We've been readying our capital and operating plans for that...
21 Dec, 2015, 02.54 PM IST
Commodities still searching for the trough: Vedanta CEOSome of the world’s biggest mining companies are reacting to the slump in raw materials prices by shuttering production, scrapping dividend...
02 Dec, 2015, 09.02 AM IST
Merger of Cairn India into Vedanta to strengthen both cos: Tom AlbaneseAbsorption of cash-rich oil arm Cairn India in Vedanta will strengthen the country's largest diversified natural resources giant and benefi...
27 Oct, 2015, 10.41 PM IST
Vedanta urges Odisha to secure bauxite for refinery survivalVedanta urged the Odisha govt to secure bauxite in order to make its Kalahandi-based refinery survive against all odds in the international...
03 Sep, 2015, 10.59 PM IST
Cairn India merger not for refinancing debts: Vedanta CEO Tom AlbaneseVedanta is as such on track to refinance its near-term debt maturities, the company CEO Tom Albanese said.
24 Jul, 2015, 02.53 PM IST
Vedanta to go slow on fresh investments till current projects turn profitable: Tom Albanese"It is going to take some time for the new supply in oil, iron ore and copper to get absorbed in the market. It will easily be another year...
11 Feb, 2015, 04.00 AM IST
Mining ordinance a sensible way to break logjam and get business in India: Tom Albanese"For me, the auction process is a practical and sensible way to break that logjam and get mining back into business in India."
06 Jan, 2015, 01.33 PM IST
Tom Albanese to join Vedanta Resources board soon: Anil AgarwalLondon-listed Vedanta Resources intends to appoint Tom Albanese, former Chief Executive of natural resources giant Rio Tinto, on its board ...
04 Nov, 2013, 06.19 PM IST
- Rio makes changes in China after bribery convictions: CEO
Anglo-Australian mining giant Rio Tinto has made changes to how it does business in China, following the convictions of four employees on b...
21 Aug, 2010, 11.08 AM IST
- Rio Tinto cuts iron ore production
Rio Tinto will reduce production of iron ore at its Western Australia mines by 10 percent because of weakening demand from China, the compa...
10 Nov, 2008, 05.27 AM IST
- Rio says confident of Guinea iron ore project
Global miner Rio Tinto Ltd/Plc is confident its giant iron ore project at Simandou in Guinea can proceed, Chief Executive Tom Albanese said...
16 Jun, 2008, 10.41 AM IST
- Rio Tinto gives upbeat outlook for China
Rio Tinto is upbeat about the outlook for economic growth in its key market China and says the company is poised for rapid growth in 2008.
18 Jan, 2008, 11.00 AM IST
- BHP proposal 'dead in the water'
Rio Tinto CEO Tom Albanese said on Friday that BHP Billiton’s $140-billion takeover proposal to assemble super mining house was now “dead i...
08 Dec, 2007, 04.16 AM IST